SoylentNews is people
SoylentNews
You may have heard of civil asset forfeiture.
That's where police can seize your property and cash without first proving you committed a crime; without a warrant and without arresting you, as long as they suspect that your property is somehow tied to a crime.
Now, the Oklahoma Highway Patrol has a device that also allows them to seize money in your bank account or on prepaid cards.
It's called an ERAD, or Electronic Recovery and Access to Data machine, and state police began using 16 of them last month.
Here's how it works. If a trooper suspects you may have money tied to some type of crime, the highway patrol can scan any cards you have and seize the money.
"We're gonna look for different factors in the way that you're acting," Oklahoma Highway Patrol Lt. John Vincent said. "We're gonna look for if there's a difference in your story. If there's some way that we can prove that you're falsifying information to us about your business."
...
News 9 obtained a copy of the contract with the state.
It shows the state is paying ERAD Group Inc., $5,000 for the software and scanners, then 7.7 percent of all the cash the highway patrol seizes.
(Score: 2) by MichaelDavidCrawford on Thursday June 09 2016, @06:54AM
whoever physically possesses the bond owns the corporation, so don't forget where you buried it.
The corporation can open bank accounts.
There are services that will handle the incorporation and other paperwork for you. It will set you back about a thousand dollars a year.
Yes I Have No Bananas. [gofundme.com]
(Score: 2) by forkazoo on Friday June 10 2016, @12:02AM
How does this help? They are taking stuff in your possession, including money associated with bank cards. So they could take the bearer bond as well as anything tied to the bank account the corporation can open. And if you are using anonymous shell corporations, that probably makes you inherently suspicious which increases the likelihood of them deciding you are suspicious enough to seize your stuff.
#winning ?